Home » Business News

Google Acts upon Court Order; Removes India Content – NASDAQ:GOOG

7 February 2012

stocks-51Google Inc. eliminated content from its India domains that was considered offensive by a New Delhi district court following a civil lawsuit in opposition to the parent of the world’s biggest search engine.

Gaurav Bhaskar, a spokesperson for Google India stated that the stuff was blocked from India search queries, YouTube, Blogger and the social-networking site Orkut. Bhaskar further stated that the content was removed from domains .in and .co.in, whereas remaining available from other countries. He continued that Google can’t take down content that emerges on websites possessed by other firms and individuals.

India is increasing inquiry of Internet postings and mobile communications as it aims to remove provocative remarks and control dispute between religious groups. The Hindu-majority South Asian state is home to above 138 million Muslims, consisting of almost 13% of the world’s second-biggest population.



Google Inc (NASDAQ:GOOG)
last session volume of 3.68 million shares was higher than its average volume of 3.15 million shares. The stock after opening at $595.01 hit high price of $610.83 and then closed at $609.09 by scoring +2.14%.

The liquidity measure in recent quarter results of the company was recorded 5.92 as current ratio and on the other side the debt to equity ratio was 0.07 and long-term debt to equity ratio also remained 0.05. The Company had total cash at hand $44.63 billion and a book value per share as $178.97 in the most recent quarter.

The stock price volatility was 1.55% for a week and 1.67% for a month as well as price volatility’s Average True Range for 14 days was 12.14 and its beta remained 1.08.

GOOG generated revenue of 37.91 billion in the following twelve months and earned $9.74 billion. The Company showed a positive 25.69% in the net profit margin and as well as in its operating margin which remained 30.98%. Company’s annual sales growth for the past five year was 29.01%.

Join us on Facebook Twitter

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. galaxystocks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer ( http://galaxystocks.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold galaxystocks.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a media-advertisement and newswire company. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.


Tags: , ,